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Euro Bailout

Germany Should Lead by Example -- Not By Bailouts

Otmar Issing | Posted 06.15.2014 | Home
Otmar Issing

Complaints about the imposition of a "teutonic regime" and appeals for German leadership seem to contradict each other - a kind of continent-wide cognitive dissonance. In fact, the complaints and calls for leadership are mutually reinforcing. The implementation of austerity policies in the periphery has caused these countries to ask for help and request that Germany take the lead by putting more money on the European table. Nobody would deny that Germany has an interest in preserving the euro. So why shouldn't it support its partners with financial help to overcome the crisis?

German Parliament Approves Euro Bailout

Reuters | Posted 08.29.2012 | Business

By Gareth Jones and Stephen Brown BERLIN, June 29 (Reuters) - Germany's parliament resoundingly approved the euro zone's permanent bai...

Major Bailout May Get New Terms

Reuters | Posted 08.18.2012 | Business

DUBLIN, June 18 (Reuters) - Ireland's EU/IMF lenders are considering doubling the average repayment term of its 85 billion euro bailout to 30 years ...

Eurozone Official: 'I Would Not Bet On A Positive Outcome' From Summit

Reuters | Posted 04.25.2012 | Business

* Germany unlikely to be ready to decide at March 1-2 summit * Euro zone may decide on combined bailout fund later in March ...

The Pain in Spain

Eric Margolis | Posted 07.30.2011 | Home
Eric Margolis

It's too soon to tell if Spain will manage to pull out of the current crisis. Its large banks are still holding up. But this fun-loving nation is staggering under a mountain of debt accumulated during its credit binge.

Irish and the Euro

Jeff Danziger | Posted 05.25.2011 | Home
Jeff Danziger


Bono Helps the Irish

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger


Jim Rogers: Bailout Is Nail In The Coffin' For The Euro | Shiyin Chen and Haslinda Amin | Posted 05.25.2011 | Business

May 12 (Bloomberg) -- Investor Jim Rogers said Europe's bailout of indebted nations to overcome the sovereign-debt crisis is just "another nail in the...